$365,000
SOLD JUN 3, 2024
7 Beds
5 Baths
2,834 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Deck
  • Attic
  • Heating system powered by active solar
  • Finished Attic
  • Home Security System
  • 2-minute walk to Ocean Beach Park

About This Home

As of June 2024

ATTENTION AIRBNB INVESTORS! perfect location for an airbnb, nice neighborhood and its within walking distance to the beach. Currently rented by the room, great long term 2+ year long tenants.

Last Agent to Sell the Property

Bridget Morrissey

Bridget Morrissey Realty LLC License #REB.0795247

Last Buyer's Agent

Peter Plourde

Berkshire Hathaway NE Prop. License #RES.0751591

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,203

Year Built

  • Built in 1908

Home Design

  • 2,834 Sq Ft Home
  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • 2 Car Garage
  • Parking Deck

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • 60 Gallon+ Electric Water Heater

Additional Features

  • Heating system powered by active solar
  • Deck
  • 4,792 Sq Ft Lot
  • Flood Zone Lot

Community Details

  • 3 Units
  • Coin Laundry
  • Gross Income $76,600

Listing and Financial Details

  • Assessor Parcel Number 1995630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,203

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Neighborhood: Ocean Beach
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2834
  • Total Sq Ft: 2834
  • Year Built: 1908
  • New Construction: No/Resale
  • Remarks Public Addendum: 48 HOURS NOTICE REQUIRED FOR TENANT
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4979
  • Directions: use gps to 41 Stuart Ave New London. left at gate entrance of ocean beach.
  • Financing Used: FHA
  • Living Area Sq Ft Per Public Record: 2834
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Attic Description: Finished, Walk-up
  • Basement Description: None
  • Laundry Room Location: Main Unit
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes
  • Home Automation: Security System
  • Street Number Modifier: 41

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, 80 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 3000
  • Sewer Usage Fee Annual: 1200

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Active Solar

Lot Info

  • Acres: 0.11
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-2
  • Parcel #: 1995630

Multi Family

  • Gross Annual Income: 76600
  • Net Operating Income: 42635
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5203
  • Total Assessed Value: 139720
  • Mil Rate Total: 37.24

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $365,000 -2.7% $129 / Sq Ft
03/06/2024 03/06/24 For Sale $375,000 0.0% $132 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $375,000 +92.3% $132 / Sq Ft
05/08/2020 05/08/20 Sold $195,000 -2.3% $69 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $199,500 -- $70 / Sq Ft
Source: SmartMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,650 $241,800 $84,800 $157,000
2023 $5,203 $139,720 $62,860 $76,860
2022 $5,213 $139,720 $62,860 $76,860
2021 $5,302 $139,720 $62,860 $76,860
2020 $5,336 $139,720 $62,860 $76,860
2019 $5,575 $139,720 $62,860 $76,860
2018 $5,015 $114,660 $55,510 $59,150
2017 $5,075 $114,660 $55,510 $59,150
2016 $4,639 $114,660 $55,510 $59,150
2015 $4,528 $114,660 $55,510 $59,150
2014 $3,929 $114,660 $55,510 $59,150
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $286,171 FHA
Closed $286,171 FHA
Previous Owner $191,468 FHA
Previous Owner $112,000 No Value Available
Previous Owner $93,000 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $375,000 None Available
Warranty Deed $375,000 None Available
Warranty Deed $195,000 None Available
Source: Public Records

About the Listing Agent

Bridget Morrissey

Bridget Morrissey Realty LLC

(860) 857-5165

Section Image

Bridget Morrissey: From Fitness to Real Estate Excellence

Bridget Morrissey's journey to becoming a successful real estate broker is a testament to her unwavering determination and entrepreneurial spirit. After starting her career in the fitness industry with her own business, Bridget's Aerobics, she later ventured into cable and insurance sales, honing her skills in customer service and sales.
However, Bridget's true passion lay in the dynamic world of real estate. She joined

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  • 404 Pendleton Hill Rd, North Stonington, CT 06359

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Source: SmartMLS

MLS Number: 170623310

SmartMLS

APN: NLON-000002-000006-000006